UCO Bank FD Interest Rates 2025

Top Guaranteed Return Plans 

Guaranteed return plans are an excellent choice for risk-averse investors. They offer the dual benefit of a fixed, assured return on your investment and life insurance coverage. Because they are not linked to the stock market, these plans provide stability and are unaffected by market fluctuations, giving you peace of mind and helping you achieve your long-term financial goals.

What is a UCO Bank Fixed Deposit?

UCO Bank Fixed Deposit is a safe, fixed-tenure deposit in which you invest money for a certain period and receive guaranteed higher interest rates than a savings account. The minimum deposit amount for a standard UCO Bank FD is ₹100. UCO Bank pays interest through different options, such as on a cumulative, monthly, or quarterly basis. Some of the most common FD schemes offered by UCO Bank include Regular Term Deposits, UCO 333, UCO 444, UCO Green Deposit, Kuber Yojana, and Flexible Fixed Deposit Schemes.

Information About FDs & Other Options 

It is always important to know what you have to choose when you are deciding on what to invest in. Fixed deposits are secure and give guaranteed returns, whereas products such as guaranteed return plans and mutual funds have varied growth and risk.

UCO Bank Fixed Deposit: Key Highlights 

UCO Bank FD: Latest Updates 

UCO Bank, Bank of Maharashtra, HDFC Bank, and North East Small Finance Bank, among others, revised their interest rates on their fixed deposits (FDs) as of August 28,2025.

UCO Bank FD Interest Rates 2025

UCO Bank FD Rates on Domestic Term Deposits (Below Rs 3 Crores)

*UCO Bank FD interest rates w.e.f. August 28, 2025

Types of UCO Bank FD Schemes 

1. UCO 444 Days Fixed Deposit Scheme 

   A special deposit for fixed tenure (days), applicable on domestic retail term deposits below Rs 3 crore, including NRE/NRO, with interest rates of 6.45% p.a. for the general citizens and 6.95% for senior citizens.

   • Tenure:444 days 
   • Minimum Deposit Amount: Rs 10,000
   • Maximum Deposit Amount: Less than Rs. 3 crore
   • Interest Payout Options: Monthly, quarterly, or at maturity
   • Senior Citizens Benefits: An additional 0.50% p.a.

2. UCO 333 Fixed Deposit Scheme 

   The 333-day scheme is a limited-time special scheme that offers higher interest rates than a regular FD, leading to higher returns for investors.

   • Tenure: 333 days 
   • Minimum Deposit: Rs. 10, 000
   • Rate of Interest: 6.30% p.a. for the general public and 6.55% p.a. for senior citizens
   • Scheme Validity: Valid till December 31, 2025

3. Kuber Yojana

    It’s a safe long-term investment scheme that reinvests the interest earned and, with the help of the power of compounding, provides maximised returns.

   • Minimum Deposit Amount - Rs.1000
   • Minimum/Maximum Period of Deposit: 6 months to 10 years
   • Interest Compounded - Quarterly basis 
   • Principal and Interest - Paid on maturity

4. Motor Accident Claim Term Deposit Account 

   A fixed deposit scheme that can be opened under two scheme codes based on your investment tenure. The scheme has two options: with a deposit period less than or equal to 6 months; and for a deposit period more than 6 months.

   • Eligibility- Beneficiaries or victims of motor accidents 
   • Purpose- To secure and manage compensation awarded by courts or tribunals to victims of motor accidents
   • Minimum Deposit- As per court’s order
   • Nomination Facility- Available

5. UCO Monthly Income Scheme 

    It is a five-year fixed deposit designed to provide a regular monthly income.

   • Tenure - 5 years
   • Minimum Deposit Scheme - Rs 50,000
   • Loan Facility - Available 
   • Nomination Facility - Allowed

6. UCO Green Deposits 

   A fixed deposit designed to fund environmentally friendly projects.

   • Additional Benefit - 0.20% p.a. on regular FD rates
   • Tenure - 12 months, 1000 days, 2000 days, or 3000 days
   • Interest Payout Options - Monthly and Quarterly 
   • Nomination Facility - Allowed 
   • Premature Withdrawal - Permitted 

7. UCO Flexible Fixed Deposit Scheme 

    It is a reinvestment plan that allows you to withdraw a portion of your deposit before maturity.

   • Premature Withdrawal - Allowed in multiples of Rs 5,000
   • Auto-Renewal - Available 
   • Investment Option - Flexible 
   • Process - Easy online process 

8. UCO Tax Saver Deposit Scheme – 2006 

    It is a five-year fixed deposit that helps you save on taxes.

   • TDS - Deductible up to ₹1.5 lakhs under Section 80C
   • Minimum deposit - ₹100
   • Nomination facility -  Available
   • Transferability or Loans - The deposit is not transferable or eligible for loans.

Penalty Charges of UCO Bank Term Deposits Premature Closure

Key Benefits of UCO Bank Fixed Deposits

UCO Bank offers multiple FD schemes, each with a range of features. Here are the most popular benefits across the fixed deposit options:

• Higher Interest for Senior Citizens: Senior citizens receive extra interest ranging from 0.25% to 0.50% for tenures up to 1 year and exceeding 1 year, respectively, ensuring their wealth remains safe while earning higher returns at the same time.
• Premature Withdrawal Facility: UCO Bank permits premature withdrawal of fixed deposits before the maturity date. However, a penalty is applicable as per the bank’s predefined rates policy.
• Loan Against FD: UCO Bank offers a loan on FD facility of up to 90% of the fixed deposit amount, allowing customers to meet emergency financial needs without breaking their FDs. Charges are applicable on loans against FDs.
• Different FD Options: UCO Bank offers various types of fixed deposits, including the UCO Tax Saver Deposit Scheme and the Flexible Fixed Deposit Scheme, ensuring that different customers’ financial needs are met.
• Auto Sweep Facility: UCO Bank offers auto sweep, including sweep-in and sweep-out features, for select savings accounts helps you earn better interest on surplus funds while maintaining liquidity.
• Nomination Facility: The bank provides you with a facility to the fixed deposit holder to give the details of a nominee of your choice who can access funds easily in case of any unfortunate event. 

How to Open a UCO Bank Fixed Deposit Account? 

You can open a UCO Bank FD through two convenient methods, online and offline. Below are the steps mentioned - 

I. Online FD Account Opening

If you are an existing customer, you can easily open a UCO Bank FD online through the UCO mBanking Plus app or UCO Bank's NetBanking portal.

• Log in to the App/NetBanking: Open the UCO mBanking Plus app or log in to the NetBanking portal.
• Navigate to Deposits: Go to the 'Online Deposit' or 'Fixed Deposits' section.
• Fill in Details: Enter the deposit amount and choose your preferred tenure.
• Select Scheme & Payout: Select your desired FD scheme and choose a payout option.
• Review and Confirm: Review all the details, accept the terms and conditions, and submit your request.
• Get Confirmation: Your FD will be booked instantly, and you can download the FD receipt.

II. Offline FD Account Opening

For those who prefer a traditional banking experience, you can open a UCO Bank FD by visiting your nearest branch.

• Visit a UCO Bank Branch: Go to any UCO branch with the necessary documents.
• Fill the FD Form: Request and fill out the fixed deposit application form provided at the branch.
• Submit Documents: If you are a new customer, submit the required KYC documents such as your PAN and Aadhaar card.
• Deposit the Amount: Make the FD deposit using cash or a cheque.
• Choose Tenure & Payout: Specify your desired tenure and select your interest payout frequency.
• Receive the Receipt: The bank will process your request and issue a Fixed Deposit Receipt. 

Eligibility to Open a UCO Bank Fixed Deposit Account

Individuals who fulfill the factors mentioned below are eligible to invest in UCO Bank FD schemes are:

• Indian Citizens
• Member of HUFs
• Companies, trusts, and societies 

Key Takeaways

UCO Bank Fixed Deposits offer competitive returns across various tenures, letting investors choose schemes that suit their financial goals. The bank currently offers interest up to 6.45% p.a. for the general public and 6.95% for senior citizens. Features include online and offline booking, loan or overdraft options against the deposit, nomination support, and extra interest for senior citizens, providing greater flexibility. Before investing, it’s wise to compare FD interest rates with other banks to make an informed decision.